One of the BEST! cryptocurrencies with a great fundamentals and roadmap, which has attracted large number of traders in the market.
Is currently in a long-term uptrend channel and according to wave analysis, it is moving in 3rd wave.
Areas that it can progress within wave 3 is indicated in the above chart.
It is not recommended to enter at this point of time and has a low risk-reward.
In case #EOS stabilizes over the orange line (Fibonacci 1.61% at 0.0025) it has the capability to reach the red line...
In case it loses the blue color trend line at 0.0017, it would be the end of its current uptrend and a start for correction wave (4).
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